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  • FIRST POST
    • wellylass89
    • By wellylass89 9th Aug 18, 4:41 PM
    • 366Posts
    • 439Thanks
    wellylass89
    Being a mature student, a very skint one..
    • #1
    • 9th Aug 18, 4:41 PM
    Being a mature student, a very skint one.. 9th Aug 18 at 4:41 PM
    So I've decided to start a new diary, as of September I'll be a full time student again at the age of 29. I'm leaving my full time job, giving up my rented flat and moving across the country into a shared house.

    I seem to have been in debt forever, I won't sugar coat it I've made some pretty terrible mistakes in the past but we live and learn. Link to old diary https://forums.moneysavingexpert.com/showthread.php?t=5574468

    So I get a full student loan which is going to pay the majority of bills every month, I have a part time job sorted in a supermarket and will be getting a start date in September. I have applied for another job which would be better hours and more money but beggars can't be choosers so we will see what happens.

    Now here is the hard bit, a list of debts;

    - Car HP £6,881.09 (£141.00 PM)
    - First direct loan £5,833.24 (£70.00 PM)
    - Tesco CC £2,827.17 (£50.00 0% for 32 months)
    - First Direct CC £399.92 (£30.00 0% till June 2019)

    Total - £15,941.42

    I'm going to pay off the FD card first, of course at the moment I'm paying what I can and any extra money I have I'm saving to help with moving but I'm hoping I can pay that off completely in the next few months. I finish work at my full time job at the end of August, I will get my last full wage at the end of the month and hopefully that will include some back pay we are owed.

    It's going to be a long slog but I will get there.

    I'm going to keep rambling here as I find it helps

    Welly x
Page 2
    • wellylass89
    • By wellylass89 5th Nov 18, 7:15 PM
    • 366 Posts
    • 439 Thanks
    wellylass89
    Well I have been offered both positions! I've accepted the care one as it will fit in better around uni and I can do all my hours a week in one shift which is better than doing a few hours here and there.

    Still plodding on with uni work and been working out at the gym.

    Welly x
    • GlendaSugarbean
    • By GlendaSugarbean 6th Nov 18, 6:40 AM
    • 381 Posts
    • 2,883 Thanks
    GlendaSugarbean
    Congratulations on the new job!
    • Choccygirl123
    • By Choccygirl123 6th Nov 18, 10:10 AM
    • 438 Posts
    • 1,263 Thanks
    Choccygirl123
    congratulations wellylass on the new job. You've done so well, especially when you've made such a huge life change. Hope the job and course go well. It's an exciting new start!
    Always counting down to pay day, but making baby steps getting life on track! Looking forward to cracking the debt once and for all.
    SPC 090 - £69.45 / £500
    • wellylass89
    • By wellylass89 7th Nov 18, 9:18 AM
    • 366 Posts
    • 439 Thanks
    wellylass89
    Thank you both, it's a relief after everything that's happened. I'll be glad to get back to paying off more debt and get some sinking funds in place.

    I've been contracted 15 hours which is great although I'm hoping I'll be able to do 23 a week as uni quietens down after christmas but least I will have a fixed amount coming in for sure.

    They have also said I can do extra hours and bank them up for when I'm on placement so I won't have to work on the weekends when I'll be off which would be ideal but will see how it goes.

    Had a bit of a meltdown yesterday uni work is getting harder and I'm struggling, I seem to be a bit all over the place and hiding away from it by sleeping all the time.. I find I do this when I'm stressed I go between hours of deep sleep to hours of being awake and I never feel refreshed..

    I'm off uni today so I'm making a plan of action of work.

    Welly x
    • Choccygirl123
    • By Choccygirl123 7th Nov 18, 9:30 AM
    • 438 Posts
    • 1,263 Thanks
    Choccygirl123
    Flexibility of the job sounds perfect and I'm sure will work well with uni.

    You sound like you're doing amazing, don't be harsh on yourself. It's a massive steep learning curve going back to education. Make sure you ask for help for tutors and I bet if you speak to people on your course they all feel the same.

    My hubby did his degree by distance learning and it was a huge shock for someone who left school without a single gcse. He kept plugging on and graduated with a respectable 2-1. He's nearly finished studying for his masters now. Hard work but so worth while.

    Keep smiling welly x
    Always counting down to pay day, but making baby steps getting life on track! Looking forward to cracking the debt once and for all.
    SPC 090 - £69.45 / £500
    • wellylass89
    • By wellylass89 9th Nov 18, 3:37 PM
    • 366 Posts
    • 439 Thanks
    wellylass89
    So it's Friday! I've just had a half day at uni today so I'm now in my slum clothes in bed doing an assignment.

    Normally I'd go to my boyfriends tonight for the weekend but he's going out for someone's birthday tomorrow all day night drinking thing, so I'm using it as an excuse to stay here and do some work and sort my uniform out. First placement is in 2 weeks!!

    I think my work are just waiting for references and confirmation of paperwork so really hoping I can get started before christmas so I can get loads of hours done in the holidays!

    I'm very skint right now, I will be getting £500 at the end of the month from the savings scheme of my old job so planning a few christmas gifts with it and hopefully save some for my car insurance which is due in January.

    Hope you all have a nice weekend

    Welly x
    • redmel1621
    • By redmel1621 10th Nov 18, 11:17 PM
    • 5,933 Posts
    • 25,692 Thanks
    redmel1621
    3 weeks today and I will have moved

    So much to do and so little time to do it!! I've sold a few more things yesterday so that's another £20 to go in the pot.

    I'm trying to find a charity or someone who has just got their own place and maybe doesn't have much. I have loads of kitchen utensils that I don't need and plates etc that might be useful to someone. I know you can get these things really cheap these days but I started with one set of cutlery one plate and a glass off my mum when I moved in here so it all helps!!

    This next week is my last full week at work I'm so excited but terrified at the same time!! My student finance has been reconfirmed so that's good so just waiting on a start date for my job now.

    I've also decided to start matched betting again, I found it so easy last time I kind of gave up due to my own patience as I didn't have a big bank roll to be doing the decent offers.

    As the saying goes every little helps!

    Welly x
    Originally posted by wellylass89
    What course are you studying at uni? Matched betting will be helpful, if you can find the time. I found it so time consuming despite numerous people on forums claiming they do half an hour a week and earn a minimum of £3000 a week I used to spend about 20 hours a week to earn about £25 a week I keep meaning to get back into it, but I just don't seem to find time.



    My hubby did his degree by distance learning and it was a huge shock for someone who left school without a single gcse. He kept plugging on and graduated with a respectable 2-1. He's nearly finished studying for his masters now. Hard work but so worth while.

    Keep smiling welly x
    Originally posted by Choccygirl123
    Well done to your husband. I left school without any GCSEs and returned to university as a mature student. I initially gained my English and maths GCSEs at night school while working full time, then I did a number of course through the Open University. I had a break of a number of years when I gave to birth to 2 more babies within the space of 15mths, but then returned to a full time university study. I completed my degree, then my postgraduate certificate in education and am now teaching full time (well will be back to full time from January)/ I will be registering to start a masters from next September

    I believe if you want it badly enough, you can do anything
    Unless someone like you cares a whole awful lot,
    Nothing is going to get better. It's not.

    • wellylass89
    • By wellylass89 5th Dec 18, 10:16 AM
    • 366 Posts
    • 439 Thanks
    wellylass89
    Haven't updated for a while as I've just been so busy!!

    Had a week of placement last week which was a really good experience until the end of the week when my mentor was really harsh with her feedback which was uncalled for. So I had a meeting with my tutor and it's sorted.

    Start my job on Friday which is exciting, be glad to get some money coming in again. I'm a bit nervous as I've been out of care work for a while. Hoping I can get some extra hours once I've settled in and get some debt paid off.

    I've also got a year free of YNAB for being a student so I've filled it in and going to watch some more videos and try and work it out.

    Need to buy christmas presents I'm not really organised as having so much uni work to do!!

    Welly xx
    • wellylass89
    • By wellylass89 6th Dec 18, 6:50 PM
    • 366 Posts
    • 439 Thanks
    wellylass89
    Statement of Affairs and Personal Balance Sheet

    Household Information

    Number of adults in household........... 1
    Number of children in household......... 0
    Number of cars owned.................... 1

    Monthly Income Details

    Monthly income after tax................ 521
    Partners monthly income after tax....... 0
    Benefits................................ 0
    Other income............................ 730 Student loan monthly
    Total monthly income.................... 1251


    Monthly Expense Details

    Mortgage................................ 0
    Secured/HP loan repayments.............. 141
    Rent.................................... 450 Shared house so bills included
    Management charge (leasehold property).. 0
    Council tax............................. 0
    Electricity............................. 0
    Gas..................................... 0
    Oil..................................... 0
    Water rates............................. 0
    Telephone (land line)................... 0
    Mobile phone............................ 10
    TV Licence.............................. 12.37
    Satellite/Cable TV...................... 0
    Internet Services....................... 0
    Groceries etc. ......................... 100
    Clothing................................ 10
    Petrol/diesel........................... 100
    Road tax................................ 2.5
    Car Insurance........................... 45
    Car maintenance (including MOT)......... 50
    Car parking............................. 0
    Other travel............................ 0
    Childcare/nursery....................... 0
    Other child related expenses............ 0
    Medical (prescriptions, dentist etc).... 0
    Pet insurance/vet bills................. 0
    Buildings insurance..................... 0
    Contents insurance...................... 0
    Life assurance ......................... 0
    Other insurance......................... 0
    Presents (birthday, christmas etc)...... 0
    Haircuts................................ 10
    Entertainment........................... 0
    Holiday................................. 0
    Emergency fund.......................... 50
    Christmas .............................. 25
    Total monthly expenses.................. 1005.87



    Assets

    Cash.................................... 0
    House value (Gross)..................... 0
    Shares and bonds........................ 0
    Car(s).................................. 0
    Other assets............................ 0
    Total Assets............................ 0



    Secured & HP Debts

    Description....................Debt......Monthly.. .APR
    Mortgage...................... 0........(0)........0
    Hire Purchase (HP) debt ...... 6459.....(141)......7.9
    Total secured & HP debts...... 6459......-.........-


    Unsecured Debts
    Description....................Debt......Monthly.. .APR
    Tesco cc.......................3147.12...50........0
    First direct CC................1028.1....31........0
    Loan...........................5552.12...71....... .4.9
    Total unsecured debts..........9727.34...152.......-



    Monthly Budget Summary

    Total monthly income.................... 1,251
    Expenses (including HP & secured debts). 1,005.87
    Available for debt repayments........... 245.13
    Monthly UNsecured debt repayments....... 152
    Amount left after debt repayments....... 93.13


    Personal Balance Sheet Summary
    Total assets (things you own)........... 0
    Total HP & Secured debt................. -6,459
    Total Unsecured debt.................... -9,727.34
    Net Assets.............................. -16,186.34


    Created using the SOA calculator at www.stoozing.com.
    Reproduced on Moneysavingexpert with permission, using other browser.
    • GlendaSugarbean
    • By GlendaSugarbean 7th Dec 18, 6:35 AM
    • 381 Posts
    • 2,883 Thanks
    GlendaSugarbean
    Do you need to include anything for books or other supplies? Also I think you should have a small allowance for entertainment or general fun money even if it's not much. You're working hard and you need some treats .
    • wellylass89
    • By wellylass89 7th Dec 18, 8:58 AM
    • 366 Posts
    • 439 Thanks
    wellylass89
    Do you need to include anything for books or other supplies? Also I think you should have a small allowance for entertainment or general fun money even if it's not much. You're working hard and you need some treats .
    Originally posted by GlendaSugarbean
    That's a good idea Glenda, I will put a bit away for books and things and a small entertainment fund..

    Starting my new job this afternoon and I'm so so nervous I feel sick!

    Welly x
    • wellylass89
    • By wellylass89 8th Dec 18, 4:17 PM
    • 366 Posts
    • 439 Thanks
    wellylass89
    First few shifts in the new job done and I've really enjoyed it but I'm exhausted!! There also a few people off sick so I can get extra shifts if I need them which will be handy over christmas..

    Having a day with the OH tomorrow probably be checking sheep and some other jobs but I love it and I'd not want to be anywhere else

    Now off to cook tea and revise for my exam next week

    Welly x
    • wellylass89
    • By wellylass89 9th Dec 18, 11:38 AM
    • 366 Posts
    • 439 Thanks
    wellylass89
    Lazy day today, OH had some work to do so I'm at home well his doing some washing as the sun is out (!) and carrying on with revision.

    Got some stuff to make lasagne for tea.

    I've only used YNAB for a week but wow it opens your eyes! I spend some much money on stuff! I guess it will be much easier once I start getting my wage and I know what is what.

    Busy week next week with work and uni then going home next weekend to a family get together.

    Hope everyone has a good weekend

    Welly x
    • wellylass89
    • By wellylass89 20th Dec 18, 8:41 PM
    • 366 Posts
    • 439 Thanks
    wellylass89
    Well it's been a while.. that exam took over my life.. Majorly fluffed up but got our results tonight and somehow I passed!! Also got my first assignment back and that was an ok grade as well.

    Job is going ok feel like I'm learning slowly with only being part time but hopefully it will come with time. First pay day tomorrow so just doing a bit more budgeting. Determined to get sorted out for good this time.

    Then work on saturday afternoon then going home to mums for christmas

    Welly x
    • Butti
    • By Butti 20th Dec 18, 10:12 PM
    • 4,775 Posts
    • 13,316 Thanks
    Butti
    Well done Welly.
    It's hard going back to uni but you are doing really well managing jobs and studying. Remember to breathe.
    Debt LBM (08/09) £11,641. (08/12) £22,734. (12/18 )£5221
    Diary 'Butti's journey : A matter of loaf or death'.
    Diary 2 'The whimsical tale of the Waterbed of Debt'
    33.8% 34.4% paid off mortgage
    'one day I will be rich and famous…for now I'll just have to settle for being poor and incredibly sexy'. Vimrod Member of MIKE'S MOB
    • wellylass89
    • By wellylass89 22nd Dec 18, 7:54 AM
    • 366 Posts
    • 439 Thanks
    wellylass89
    Does anyone else suffer from job anxiety? I'm 4 weeks into my new job and still feel like I don't know what I'm doing, I'm not supernumerary anymore and we are short staffed so just usually me and another person and I feel like I don't know what I'm doing.

    It's harder still doing 15 hours as I feel like I forget stuff between shifts.
    I'm also worried how I'll manage when I'm on full time placement and when things get manic again at uni, I want to work and pat off as much debt as I can but I haven't found uni easy at all and I don't want to mess up one coz of the other.

    Guess I'm just doubting everything at the moment and feeling pretty useless.. not good qualities for someone who wants to become and OT eh

    Welly x
    • wellylass89
    • By wellylass89 23rd Dec 18, 11:15 AM
    • 366 Posts
    • 439 Thanks
    wellylass89
    Well I survived my shift and it was fairly manic but we managed.. a girl I have worked with a few times suggested I do some shifts on days she is on and when we are fully staffed so there will be 3 of us and it will be easier to learn things.

    I feel like I do want to enjoy it and I think I will it's just learning and getting more experience, plus the money from extra shifts will help alot!

    Really not well this morning been ill in the night barely slept had a raging temp and just feel crap. OH is working so I'm doing a bit of uni work and chilling.

    I know he's gonna moan when he sees his presents as I've got him a few bits and he's not got me as much but I don't care what he gets me. He's hard to buy for but I think I'm worse haha.

    Hope everyone has a nice Sunday..

    Welly x
    • wellylass89
    • By wellylass89 27th Dec 18, 9:46 AM
    • 366 Posts
    • 439 Thanks
    wellylass89
    Hope everyone had a nice christmas, it was fairly quiet for me. Went to my mums christmas eve then came back last night. Got £40 in next vouchers off my OH and £20 off his parents and £25 off my mum so gonna save it all and use it on clothes or something when I've lost some more weight.

    Been over my budget with a fine tooth comb and I need to accept that I need to do more hours at work. I need to get rid of this debt as soon as I can.. it's just gonna be a balancing act with uni etc but need to be done.

    Hope you all have a nice day

    Welly x
    • wellylass89
    • By wellylass89 28th Dec 18, 5:11 PM
    • 366 Posts
    • 439 Thanks
    wellylass89
    Had a lazy day today, have had a period for the first time in ages and got really bad pains and a bad head. They affect me so badly, pill usually keeps them at bay but have one every now and again.

    Nothing much to report really just having a quiet few weeks, working nights from tomorrow for 3 nights then a 15 hour shift next Saturday. Car will need a service shortly then an MOT in March so trying to save for that.

    I've wondered if I should have taken the bank position at work rather than contracted hours what with placement and uni I'm worried when that is full on that I'll struggle with one or the other. I don't know I just feel like I'm struggling mentally with everything.

    Welly x
    • wellylass89
    • By wellylass89 7th Jan 19, 12:34 PM
    • 366 Posts
    • 439 Thanks
    wellylass89
    Having a hard time with all the uni work we have to do plus working, so much to do but not enough time!!

    Got my student loan installment today, looks like I'll have enough to pay my car insurance and have some left over so that will go into the car service and MOT fund as that is due in March.

    Not up to much today just trying to get this essay done!

    Welly x
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